The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1STDIBS COM INC COM 320551104   6,468,450 1,273,317 SH   SOLE   1,273,317 0 0
ALGOMA STL GROUP INC COM 015658107   16,016,247 2,526,222 SH   SOLE   2,526,222 0 0
ALPHABET INC CAP STK CL A 02079K305   9,705,300 110,000 SH   SOLE   110,000 0 0
APPLOVIN CORP COM CL A 03831W108   13,697,771 1,300,833 SH   SOLE   1,300,833 0 0
ARDAGH METAL PACKAGING S A SHS L02235106   8,126,437 1,689,488 SH   SOLE   1,689,488 0 0
BAUSCH HEALTH COS INC COM 071734107   8,023,359 1,277,605 SH   SOLE   1,277,605 0 0
BGC PARTNERS INC CL A 05541T101   37,138,726 9,851,121 SH   SOLE   9,851,121 0 0
BWX TECHNOLOGIES INC COM 05605H100   24,953,607 429,642 SH   SOLE   429,642 0 0
CAESARS ENTERTAINMENT INC NE COM 12769G100   20,890,854 502,184 SH   SOLE   502,184 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106   1,028,013 979,060 SH   SOLE   979,060 0 0
DELEK US HLDGS INC NEW COM 24665A103   15,624,171 578,673 SH   SOLE   578,673 0 0
DIVERSEY HLDGS LTD ORD SHS G28923103   10,450,998 2,453,286 SH   SOLE   2,453,286 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   23,325,428 1,965,074 SH   SOLE   1,965,074 0 0
ENERGY TRANSFER L P CALL 29273V100   23,882,440 20,120 SH Call SOLE   20,120 0 0
FTAI AVIATION LTD SHS G3730V105   28,722,190 1,677,698 SH   SOLE   1,677,698 0 0
GEN DIGITAL INC COM 668771108   19,030,547 888,033 SH   SOLE   888,033 0 0
GOLAR LNG LTD SHS G9456A100   36,417,326 1,597,952 SH   SOLE   1,597,952 0 0
ISHARES TR PUT 464287655   87,180,000 5,000 SH Put SOLE   5,000 0 0
MARQETA INC CLASS A COM 57142B104   8,592,994 1,406,382 SH   SOLE   1,406,382 0 0
NCR CORP NEW COM 62886E108   29,623,506 1,265,421 SH   SOLE   1,265,421 0 0
PAR PAC HOLDINGS INC COM NEW 69888T207   15,306,196 658,331 SH   SOLE   658,331 0 0
PATHWARD FINANCIAL INC COM 59100U108   18,851,423 437,896 SH   SOLE   437,896 0 0
QURATE RETAIL INC COM SER A 74915M100   2,149,043 1,318,431 SH   SOLE   1,318,431 0 0
SPDR S&P 500 ETF TR PUT 78462F103   286,822,500 7,500 SH Put SOLE   7,500 0 0
TALOS ENERGY INC COM 87484T108   14,914,652 789,971 SH   SOLE   789,971 0 0
TAPESTRY INC COM 876030107   10,742,749 282,110 SH   SOLE   282,110 0 0
TELESAT CORP CL A & CL B SHS 879512309   7,047,900 939,720 SH   SOLE   939,720 0 0
WILLSCOT MOBIL MINI HLDNG CO COM CL A 971378104   32,908,152 728,540 SH   SOLE   728,540 0 0